Contributions Towards Wedding

Discussion in 'Younger people with dementia and their carers' started by JigJog, Apr 15, 2015.

  1. JigJog

    JigJog Registered User

    Nov 6, 2013
    241
    Hi,

    My OH was diagnosed with Alzheimer's about 18 months ago. We have a LPA, I am his Attorney and he still has mental capacity. He just needs support at times.

    His daughter from his first marriage has just got engaged and naturally he will want to make a contribution towards the cost of her wedding.

    Now that he has this diagnosis, will there be a limit on how much he could give to her? I am concerned about any issues of Deprivation of Assets rearing their head in the future. I'd hate for him to contribute a large amount, only for SS to try to claw it back in the future and cause aggravation and upset for all. I'd like us to get it right for everyone.

    I know there are knowledgeable folks who use the forum :) could anyone offer me any advice please?

    JJx
     
  2. Beate

    Beate Registered User

    May 21, 2014
    11,489
    Female
    London
    What sum are we talking about? Small sums in accordance with earlier gifts should be ok, but large sums could be frowned upon. Why not call the OPG for guidance?
     
  3. nitram

    nitram Registered User

    Apr 6, 2011
    18,295
    Male
    North Manchester
    Although the OPG may say that a certain amount is allowable there is no guarantee that the LA will agree this figure.

    If the LA decided deliberate deprivation had occurred more than 6 months before their financial review they would not 'claw back' the amount but would add it as notional capital to the actual capital.
     
  4. JigJog

    JigJog Registered User

    Nov 6, 2013
    241
    Thanks both. I think he's thinking of £5000.
     
  5. nitram

    nitram Registered User

    Apr 6, 2011
    18,295
    Male
    North Manchester
    That amount would be all right as far as CGT is concerned, the OPG would also take into consideration the value of his funds.
     
  6. JigJog

    JigJog Registered User

    Nov 6, 2013
    241
    £400,000? ish.

    Makes a contribution of £5000 seem quite small for paying towards a daughter's wedding.
     
  7. nitram

    nitram Registered User

    Apr 6, 2011
    18,295
    Male
    North Manchester
    #7 nitram, Apr 15, 2015
    Last edited: Apr 15, 2015
    I'd just carry on.
    There's a lot of of care years in £400k unless it's all tied up in disregardable property.
    The worst the LA could do is put £5k onto assets as virtual.
     
  8. JigJog

    JigJog Registered User

    Nov 6, 2013
    241
    Thanks Nitram. It isn't all tied up in disregardable property so we'll just go ahead.

    Thank you!

    JJx
     
  9. nitram

    nitram Registered User

    Apr 6, 2011
    18,295
    Male
    North Manchester
    I don't think for a moment that the OPG would object.
     

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